ECB’s Options Remain Open With Rate Peak Close, Villeroy Says – Bloomberg
The European Central Bank hasn’t yet decided what to do this month but the end of its interest-rate hiking cycle is near, according to Governing Council member Francois...
Author : Nelli Avetisyan
T+1 challenges loom large for securities industry
While India was the first market to move from a two-day securities settlement cycle (T+2) to a single day (T+1) in January this year, all...
US financial regulators green lit new rules aimed at reducing the cost of bank failures – CNN
US financial regulators on Tuesday signed off on new rules to prepare large and regional banks in the case of failure. Officials at the Federal...
Demand for Workers Cools, but Remains Elevated – WSJ
The nation’s employers reported fewer open jobs last month, adding to signs the solid labor market is gradually cooling as the economy slows under the...
EU fossil fuel burning for electricity fell to lowest on record in 2023, data shows – The Guardian
The European Union is stoking its power plants with fewer lumps of coal and barrels of oil and gas than it has ever recorded, data...
High bond yields imperil America’s financial stability – The Economist
Interrogating a fairy tale is not usually the best use of an investor’s time. But there may be an exception. The internal logic of “Goldilocks...
AI needs ‘human control’ to avoid being weaponized, says Microsoft’s president – CNBC
Artificial intelligence can be weaponized and needs to be reined in by humans, Microsoft’s president and vice-chairman Brad Smith told CNBC in an exclusive interview....
Amazon CEO tells employees to return to the office or their days may be numbered – CNN
Amazon CEO Andy Jassy told employees to get on board with the company’s return-to-office plan or to consider employment elsewhere, the company confirmed to CNN,...
Leveraging digital technologies to build a low-carbon tomorrow
With the world now at a climate crossroads, the need for scaling up the construction and operation of sustainable energy infrastructure has never been more...
Britain’s Food Inflation Cools to Lowest Level in Almost a Year – Bloomberg
The slowest increase in grocery bills in almost a year drove down inflation in British shops in August, relieving some of the pressure on the...